Summary Info
CMB Approval of the Mortgage Covered Bond Programme Ceiling
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
27.03.2023
Issue Limit
1.000.000.000
Currency Unit
EUR
Issue Limit Security Type
MBS-MCB
Sale Type
Oversea
Domestic / Oversea
Oversea
Capital Market Board Application Date
30.03.2023
Capital Market Board Application Result
APPROVAL
Capital Market Board Approval Date
27.04.2023
Expiry Date of Issue Limit
27.04.2024
Additional Explanations
Reference: VakıfBank Public Disclosure Dated March 30, 2023 It was announced with the referred disclosure that, the applications to the CMB and BRSA had been completed for the covered bond issuance up to EUR 1 billion equivalent in any currencies. In this context, the announcement was made in Capital Market Board dated 27.04.2023 and numbered 2023/25, regarding issuance ceiling of the covered bond issuance up to EUR 1 billion equivalent in any currencies was approved by the issuer of the issuance tender. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.